Wesure Global Tech Past Earnings Performance
Past criteria checks 5/6
Wesure Global Tech has been growing earnings at an average annual rate of 68.7%, while the Insurance industry saw earnings growing at 13.8% annually. Revenues have been growing at an average rate of 89.5% per year. Wesure Global Tech's return on equity is 21.2%, and it has net margins of 2.6%.
Key information
68.7%
Earnings growth rate
64.3%
EPS growth rate
| Insurance Industry Growth | 15.1% |
| Revenue growth rate | 89.5% |
| Return on equity | 21.2% |
| Net Margin | 2.6% |
| Next Earnings Update | 27 Nov 2024 |
Recent past performance updates
Recent updates
The Market Lifts Wesure Global Tech Ltd (TLV:WESR) Shares 34% But It Can Do More
Nov 20
Take Care Before Jumping Onto Wesure Global Tech Ltd (TLV:WESR) Even Though It's 31% Cheaper
Jun 29Wesure Global Tech Ltd's (TLV:WESR) Shares Not Telling The Full Story
Apr 01Some Confidence Is Lacking In Wesure Global Tech Ltd's (TLV:WESR) P/E
May 17Revenue & Expenses Breakdown
How Wesure Global Tech makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 3,870 | 99 | 363 | 0 |
| 31 Mar 24 | 3,875 | 42 | 348 | 0 |
| 31 Dec 23 | 3,554 | 39 | 326 | 0 |
| 30 Sep 23 | 3,183 | 30 | 311 | 0 |
| 30 Jun 23 | 2,885 | 34 | 303 | 0 |
| 31 Mar 23 | 1,961 | 29 | 231 | 0 |
| 31 Dec 22 | 1,241 | 20 | 165 | 0 |
| 30 Sep 22 | 615 | 8 | 84 | 0 |
| 30 Jun 22 | 130 | -10 | 13 | 0 |
| 31 Mar 22 | 127 | -1 | 12 | 0 |
| 31 Dec 21 | 121 | 5 | 11 | 0 |
| 30 Jun 21 | 114 | 10 | 8 | 0 |
| 31 Mar 21 | 97 | 8 | 7 | 0 |
| 31 Dec 20 | 72 | 2 | 7 | 0 |
| 31 Dec 19 | 29 | 0 | 6 | 0 |
| 31 Dec 18 | 0 | -4 | 3 | 0 |
Quality Earnings: WESR has high quality earnings.
Growing Profit Margin: WESR's current net profit margins (2.6%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WESR has become profitable over the past 5 years, growing earnings by 68.7% per year.
Accelerating Growth: WESR's earnings growth over the past year (189.4%) exceeds its 5-year average (68.7% per year).
Earnings vs Industry: WESR earnings growth over the past year (189.4%) exceeded the Insurance industry 170%.
Return on Equity
High ROE: Whilst WESR's Return on Equity (21.23%) is high, this metric is skewed due to their high level of debt.